玩具反斗城Toys R Us（FUN）2018年年度报告「ASX」.pdf

1、We help people smile!Annual Report 2018Our StoryBrand Builders,Global InnovatorsWe create,develop and market innovative brands that enrich lifestyles around the world.Our vision is driven by the values of integrity,creativity,innovation and passion.The heart of what we do is enriching lives and crea

2、ting long-term business value,by building world-class lifestyle brands on a global scale.1Funtastic Annual Report 2018ContentsChairmans Report 2Financial Report 62Chairmans ReportOn behalf of the Board of Directors of Funtastic Limited,I am pleased to present our 2018 Annual Report.The Period in Rev

3、iew The financial year ended 31 July 2018 was a year of significant change and turnaround for Funtastic with the business returning to profitability following several loss-making years.The strategic plan outlined at the beginning of the year has begun to deliver the sustainable revenue and profitabi

4、lity improvement that it has been designed to do.The review of the cost base has delivered significant savings and there will remain an ongoing focus of minimising both fixed and variable costs.The implementation of improved,disciplined business processes combined with enhanced commercial acumen has

5、 begun to streamline the product range and will drive ongoing margin improvements.A focus on developing long term supply partnerships and reducing dependence on transactional opportunities has led to the business being awarded a number of significant licensing opportunities.Highlights for the year e

6、nded 31 July 2018 included:yA return to profitability with operating FY18 EBITDA of$2.5 million,$8.1 million higher than FY17 operating EBITDA loss of($5.6 million).yThe completion of the sale of a segment of the previously loss-making international business for$2.1 million,reducing fixed costs and